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Is Addis Fortune Left-Wing or Right-Wing? Political Bias Explained

3 min read
Last Updated: January 2026

Addis Fortune Overview and Political Bias

Addis Fortune is often described as a business-oriented publication with a liberal economic outlook. While praised for its analytical depth, some observers suggest the paper navigates Ethiopia's complex political landscape with caution to avoid state pressure. Its reporting is frequently viewed as reflecting the perspectives of the urban business elite.

Standpoint Assessment
Overall political leaning Center
Estimated number of readers 300,000
Israel support Generally Neutral / Reporting-focused
Use of loaded / emotional language Low
Target Audience Elite / Policymakers / Business Professionals

Addis Fortune History

Founded in May 2000 by Tamrat G. Giorgis, Addis Fortune established itself as Ethiopia's leading English-language business weekly. It has navigated decades of political shifts and regulatory changes, maintaining a consistent focus on the private sector, macroeconomics, and the activities of the international community within the capital, Addis Ababa.

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Who owns Addis Fortune?

The publication is owned by Independent News & Media Plc, a private entity based in Ethiopia. Tamrat G. Giorgis serves as the Managing Editor and a key figure in the organization. Its operations are primarily funded through commercial advertising and subscriptions rather than direct government or political party subsidies.

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